Regulatory Alerts2023-02-15 | TED/FEM/PUB/FPC/001/001Deployment of the Pre-Shipment Inspection Agents (PIA) Portal on Stakeholder Verification Portal (SVP)
The Central Bank of Nigeria announces the deployment of the Pre-Shipment Inspection Agents (PIA) Portal on the Stakeholder Verification Portal (SVP), effective March 1, 2023. Authorized Dealers are instructed to ensure that PCIs/CCIs are processed electronically on the SVP and that exporters complete the Request for Information form and pay the NESS levy. This new process will apply to all e-NXPs established from March 1, 2023, and those opened prior without shipment or CCIs issued.
CENTRAL BANK OF NIGERIA Corporate Head Office Central Business District P.M.B. 0187, Garki, Abuja, FCT TRADE AND EXCHANGE DEPARTMENT 09-462 37830 09-462 37802 Email: ted@cbn.gov.ng
Ted/Fem/Pub/Fpc/001/001
February 15, 2023 TO: ALL PRE-SHIPMENT INSPECTION AGENTS (PIAs), MONITORING AND EVALUATION AGENTS (MEAs), AUTHORIZED DEALERS, NIGERIA CUSTOMS SERVICES (NO EXPORTERS, THE GENERAL PUBLIC.
DEPLOYMENT OF THE SHIPMENT INSPECTION AGENTS (PIA) PORTAL ON STAKEHOLDER VERIFICATION PORTAL (SVP) This is to inform all Pre-Shipment Inspection Agents (PIAs), Monitoring and Evaluation Agents (MEAs), Authorized Dealers, Nigerian Customs Service (NCS), Exporters and the General Public of the deployment of the PIA Portal on the Stakeholder Verification Portal (SVP).
Accordingly, PCIs/CCIs shall be electronically/generated on the Stakeholder Verification Portal (SVP), with effect from March 01, 2023.
Consequently, all Authorized Dealers are required to ensure as follows:
- That the processing of PCIs/CCIs by Pre-Shipment Inspection Agents (PIAs) will be done electronically on Stakeholder Merification Portal (SVP) at https://svp.tradesystem.gov.ng; 2. That Exporters complete the Request for Information (RFI) form in accordance with the provisions of Extant Regulations via a link generated and sent via email by Stakeholder Verification Portal (SVP);
- Exporters are to pay the NESS levy advised by the Pre-Shipment Inspection Agents (PIAs) on the PCIs/CCIs documents; 4. All e-NXPs established from March 01, 2023 be accompanied by electronic PCIs/CCIs; 5. All NXPs opened prior to March 01, 2023 for which shipment has not taken place nor CCIs issued would also follow the new process; 6. All Authorized Dealer Banks are enjoined to inform their customers of this development for compliance.
Please ensure strict compliance.
R.A. MAIKAI FOR: DIRECTOR TRADE AND EXCHANGE DEPARTMENT